New Eden News

The latest news from around the cluster as told by the special reporters of the news organizations of New Eden.

Kaalakiota Corporate Bank May Devalue Scrip

  • YC112-03-30

    Nonni - As Kaalakiota's corporate currency board meets for the third straight day, rumors continue to circulate that the company is considering a significant devaluation of their corporate scrip. Sources within the company's central bank say that the board is considering this step due to a sudden spike in Kaalakiota scrip-to-ISK transfers, which corporate economists are blaming on black market currency exchanges in the Intaki Syndicate. No megacorporation has considered such a step in nearly two [...]

    Station Vacancies on the Rise at Pashanai Blast Site

    • YC112-03-29

      Pashanai - Commercial and residential station vacancies have risen sharply since the Bloody Hands of Matar attack on the Ministry of War Bureau Offices station at Pashani III. Businesses across the system continue to cancel rental agreements, while some homes have simply been abandoned. Kadeyn Osirani, a rental agent at the local Amarr Certified News Development Studio, said several reasons, from changing plans to "unsafe conditions," have been given for the termination. The development studio orbits [...]

      Khanid Innovation, Modern Finances Buy Stake in Samarkand Financial

      • YC112-03-28

        Khanid Prime - Khanid Innovation and Modern Finances have announced that they now own a controlling stake in the Khanid Kingdom's largest investment bank, Samarkand Financial. The move, which is the culmination of two months of negotiations, gives Modern Finances an even stronger presence in the Khanid Kingdom and secures a strong financial partner for Khanid Innovation, one of today's most powerful Khanid corporations. Samarkand Financial has been a large player in the Khanid financial sector for [...]

        Senior Caldari Funds Unlimited Personnel Resign

        • YC112-03-26

          Litiura - Four highly placed members of Caldari Funds Unlimited's executive staff resigned today, as reports continue to trickle out of the Caldari Business Tribunal regarding its ongoing investigation of the State's largest independent bank. The Tribunal has now confirmed that it has opened an investigation into the corporation's finances, and details are emerging as to the exact nature of the irregularities being looked into. The four CFU executives, Sirotova Fukikaga, Tsurkuma Siainki, Orpakku [...]

          Jamyl Sarum meant to have been on Pashanai station at time of explosion, cancelled briefly before incident

          • YC112-03-26

            Pashanai - New information has come to light on the explosion that occurred yesterday at a Ministry of War station in Pashanai. According to station manifests, Empress Jamyl Sarum was scheduled to make a short stop at the station at the time the explosion happened. Sarum was making a diplomatic tour of the outlying areas in commemoration of St. Kuria's Day, a little-known Amarr religious holiday observed annually by the Holders and the religious establishment, though it is generally not celebrated [...]

            Yonis Ardishapur addresses badly shaken Empire, sends personal fleet to assist with relief efforts

            • YC112-03-25

              Ardishapur Prime - Royal Heir Yonis Ardishapur has just addressed the Amarr Empire in a widely telecast speech. Speaking from the steps of his palace on Ardishapur Prime, the heir outlined several strategies for dealing with the aftermath, offered words of comfort to those affected, and pledged to use his personal resources to ensure the tragedy was dealt with as completely as possible. "You can never prepare for a day like this," he said, "when the cruelty and evil of the world for one terrible [...]

              BREAKING: Mervan Moritok confirmed casualty,

              • YC112-03-25

                Pashanai - Mervan Moritok, head of the Theology Council, has been confirmed as one of the roughly six thousand casualties of the Pashanai explosion. Habi Ghamri, Commander of Security at the Amarrian Ministry of Internal Order, has furthermore gone on record to state the explosion was not, as previously believed, caused by an accidental gas leak, but rather represented an orchestrated act of terrorism. "This was no accident. It is an empire-wide criminal investigation at this point and will continue [...]

                Amarr Construction sends specialists to ailing station.

                • YC112-03-25

                  Nererut - At a hastily-organized press conference today, Amarr Construction Assembly Manager Terma Tesh declared that a team comprised of their best structural engineers, site workers and nanite technicians had already departed for Pashanai. The team will work to stabilize the station structurally and attempt to keep essential services running in support of rescue and evacuation efforts. When pressed on the matter of security, Tesh revealed no Minmatar workers were selected for the specialist team.

                  Slave rescue corps first responders

                  • YC112-03-25

                    Pashanai - Following the massive explosion that tore through the Ministry of War station, dozens of first response teams have been deployed to search for survivors. These teams, each numbering nine slaves strong and commanded by an Amarrian overseer, are typical rescue corps employed by the Empire during times of possible danger. "The rescue teams shall enter through several points," explained Captain Jamar Dinn, the Ministry official commanding the effort. "Most will enter through hull breaches and [...]

                    BREAKING: Ministry of War office in Pashanai rocked by massive blast

                    • YC112-03-25

                      Pashanai - Pandemonium has erupted at the Ministry of War's Bureau Offices in the Pashanai system in the past hour. Conflicting reports are still coming in, but several Scope sources have confirmed that a powerful explosion has torn through a number of the station's levels, taking lives and destroying crucial infrastructure. It is unknown at this point what the death toll is, though it is believed to number in the thousands. The Amarr Navy has been placed on high alert and is deploying relief vessels [...]

                      BREAKING: Explosion cause unclear, Amarr Navy redeployment

                      • YC112-03-25

                        Pashanai - The Scope is still attempting to get news on the explosion that apparently ripped through the Ministry of War's Bureau Offices in the Pashanai system. Reports are coming in, but the explosion's cause and the extent of damage remain unclear. What is clear is that the Amarr Navy has begun a massive re-deployment along its border with the Minmatar Republic. We have no comment from the Navy at this time.

                        BREAKING: Bloody Hands of Matar claims responsibility for Pashanai explosion

                        • YC112-03-25

                          Pashanai - The Bloody Hands of Matar, one of the most notorious terrorist organizations in New Eden, has come forward to claim responsibility for the massive explosion on a Ministry of War station at Pashanai III earlier today which claimed the lives of just under 5600 people and destroyed several billion ISK's worth of infrastructure. In a prepared video statement released to several media outlets simultaneously, an unidentified man with a black cloth across his face speaks in a distorted voice, [...]

                          President Roden Sends Condolences to Empress; Urges Caution

                          • YC112-03-25

                            Villore - President Jacus Roden has officially transmitted condolences to Empress Jamyl I following the deaths of several thousand people - including Theology Council head Mervan Moritok - in a devastating explosion at the Amarr Ministry of War station in Pashanai system. Although the explosion was initially believed to be an accident, the Amarr Ministry of Internal Order are now investigating it as an act of terrorism. In a statement on behalf of the Gallente Federation government, the President's [...]

                            BREAKING: Theology Council Head potentially among Pashanai dead

                            • YC112-03-25

                              Pashanai - The first casualties from the site of the Pashanai incident have been confirmed in excess of 4300, according to numbers just released by Amarr Navy High Command. Containment and relief operations are underway at the scene, with several station sectors still either on fire or suffering dangerous gas leaks. It has also been reported that Mervan Moritok, the head of the Theology Council, may have been among those on the station at the time the explosion took place. Attempts to confirm this [...]

                              Trade on Ammatar-Minmatar Border Halts as Authorities Impose Order

                              • YC112-03-25

                                Pashanai - In response to heightened terror alerts across the Amarr Empire following the Pashanai attack, Amarr Customs has mobilized to lock down civilian travel on many heavily trafficked transit routes. At checkpoints along the Ammatar-Minmatar border, the sudden density of traffic and limited customs presence has resulted in complete curtailment of trade and transit vessels. Jaikhan Dhomn, a Thukker merchant employed at the Trust Partners Trading Post in Tanoo, was planning to cross the border [...]

                                Zero-G Appoints Third COO in 18 Months

                                • YC112-03-23

                                  Aunenen - The Zero-G Research Firm board voted today to replace the company's COO for the second time in a year and a half after the company posted multi-billion ISK losses for the fourth quarter in a row. The Kaalakiota subsidiary has been dogged by production problems over the last year, despite a promising showing at last fall's Black Rise Development Conference. The next-generation habitat presented at that conference, initially expected to go into production this summer, has been pushed off until [...]

                                  CBT Investigating Caldari Funds Unlimited, According to Reports

                                  • YC112-03-21

                                    Maurasi - Sources within the Caldari Business Tribunal tell the Scope that the CBT has opened an investigation into financial malfeasance at Caldari Funds Unlimited, the largest independent financial institution in the State. While the exact nature of the investigation was not disclosed, the officials, who spoke on condition of anonymity, claimed that the investigation was looking at decisions made "at the highest level." The repercussions of such an investigation could be enormous, according to [...]

                                    CEP Hears Testimony On Financial Situation

                                    • YC112-03-14

                                      New Caldari - Representatives from the House of Records and Caldari Funds Unlimited testified before a Chief Executive Panel investigatory committee today, painting a bleak picture of future Caldari development in the occupied territories. House of Records analyst Noki Ban led with the most sobering assessment, saying that, "The situation emerging is that many investors were not prepared for the speed and ferocity of the Federation counterattack." According to Ban's economic models, many corporations [...]

                                      Caldari Analysts Predict Economic Upheaval

                                      • YC112-03-11

                                        Jita - The consensus among analysts at an economics conference this week is that the Caldari State has a rough ride ahead, with recent gains by the Gallente militia forces throwing a wrench in the works for many megacorporations. Soon after the Caldari militia completed its conquest of the systems making up the Federal Defense Cordon last year, the Caldari Providence Directorate auctioned off development rights to the affected constellations. The megacorporations involved in the bidding believed the [...]

                                        Intaki Assembly Requests FDU Ceasefire

                                        • YC112-03-04

                                          Intaki - In a brief press conference directed primarily at FDU and independent capsuleers, the Intaki Assembly today requested that all loyalist captains cease hostilities against Ishukone and Mordu's Legion vessels in Intaki space. The Intaki spokesman stated that vessels belonging to the Ishukone Corporation and Mordu's Legion are "present in Intaki at the specific and un-coerced request of the Assembly," adding that "any captains detaining or destroying such vessels are acting directly against the [...]

                                          Federal Navy Turned Back at Intaki Stargate

                                          • YC112-03-04

                                            Intaki - The Federal Navy relief force assigned to re-establish control of the Intaki system was denied access to the Intaki stargate in Agoze earlier today. Representatives of the Intaki System Command reportedly informed Admiral Gouenette, who is commanding the force, that the Navy had no jurisdiction in Intaki, and that their presence was "neither required nor welcomed." After the liberation of Intaki and other systems by Federal Defence Union pilots last week, the Federation Navy rapidly mobilized [...]